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Oregon is suing Coinbase ⚖️, alleging unregistered securities sales. Attorney General Dan Rayfield says Coinbase sold high-risk investments without proper checks, causing losses for Oregonians 💸.
The lawsuit claims Coinbase engaged in “current and generalized violations” of Oregon’s securities laws. The SEC previously dropped its case against Coinbase due to policy concerns. Oregon aims to protect investors from exploitation 🛡️.
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